Bcbssc Voluntary Employees Beneficiary Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | −667,260 | 5,934,589 | −6,601,849 | 58.2 | 0% |
| 2019 | 855,772 | 2,519,180 | −1,663,408 | 137.7 | 0% |
| 2020 | 597,967 | 2,461,152 | −1,863,185 | 137.3 | 0% |
| 2021 | 721,078 | 3,626,794 | −2,905,716 | 80.2 | 0% |
| 2022 | 592,968 | 3,230,744 | −2,637,776 | 70.4 | 0% |
| 2023 | 648,528 | 2,240,000 | −1,591,472 | 95.4 | 0% |
In its most recent public year (2023), this organization spent $1,591,472 more than it brought in. Its reserves stood at about 95.4 months of spending, up from 58.2 in 2018. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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